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  • #41
  • Jun 5, 2011 9:00am Jun 5, 2011 9:00am
Bias: Slightly Bullish
Next stop: 1.470x level
Resistance: 1.423x level

After getting it right for 2 consecutive weeks, I am still cautious bullish for coming week...
The one thing worry me the falling vol...


Trade Safe Fellas..

Sonic
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  • #42
  • Edited 12:15pm Jun 5, 2011 11:43am | Edited 12:15pm
EU:

First off, the BlueViolet TL,.....started eons ago as bisector of a consolidation area at highs. Friday the price was worked up to this TL area.

Red dashed lines, specifically the lower one, is in the 1.4700 whole number area. Because the price is less than 70 pips from there, why not another bump up to sort of "round things off" before any significant trend change?

However, price is in an upwards channel, and the upper red dashed line is at the 1.5000 whole number area, which would make a really nice "rounded off" target before a truely serious trend change......something the BBs might pull of just for the hell of it (and future profits, too, of course).

The blue dashed lines show support areas around the 1.4400 and 1.4100 whole number areas.

So, if you are bullish.......1.4700 to 1.500.

If you are bearish.....1.4400 to 1.4100.

And right now the price sits at a crossroads, the blueviolet TL.

As for me, I have no bias. I will be staying neutral into each London session, and will wait for the market to decide what to give each day.
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  • #43
  • Edited 2:23pm Jun 5, 2011 1:32pm | Edited 2:23pm
Quoting traderathome
EU:

First off, the BlueViolet TL,.....started eons ago as bisector of a consolidation area at highs. Friday the price was worked up to this TL area.

Red dashed lines, specifically the lower one, is in the 1.4700 whole number area. Because the price is less than 70 pips from there, why not another bump up to sort of "round things off" before any significant trend change?

However, price is in an upwards channel, and the upper red dashed line is at the 1.5000 whole number area, which would make a really nice "rounded off" target before a...
if you donīt know - u shouldnīt trade this week. just my words.

first step into the right direction tah

TIP:
How to draw TL look:

Attached Image (click to enlarge)
Click to Enlarge Name: enigma4x_TAH_MODIEFIED.gif Size: 52 KB


Hope it helps like always.

enigma4x
enjoy my life ... and ride the waves - all what I do
  • #44
  • Edited 2:24pm Jun 5, 2011 2:09pm | Edited 2:24pm
Quoting enigma4x
maybe I missed this entry ...

Iīm shure there will come a next train ...

I will open no trade at friday ... just my way

crazy vision ...

Attachment

enigma4x
still bullish this week too. like master sonic.

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Did you remember - cup of tea please.

enigma4x
enjoy my life ... and ride the waves - all what I do
  • #45
  • Edited 3:16pm Jun 5, 2011 2:48pm | Edited 3:16pm
Quoting enigma4x
if you donīt know - u shouldnīt trade this week. just my words.

first step into the right direction tah

TIP:
How to draw TL look:

Attachment

Hope it helps like always.

enigma4x
enigma4x, you draw 'em your way. I'll draw 'em mine.

"Hope it helps like always. " - enigma4x
Enigma, you might consider reigning in your ego. I imagine that if you don't, one day somebody will make you regret it!

As for me, I reasoned it comes from the misguided arrogance of youth. But you have become increasingly obnoxious, as though you are purposely trying to aggravate. So, I am now putting you on "Ignore".
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  • #46
  • Jun 5, 2011 3:17pm Jun 5, 2011 3:17pm
Quoting traderathome
enigma4x, you draw 'em your way. I'll draw 'em mine.

"Hope it helps like always. " - enigma4x
Enigma, you might consider reigning in your ego. I imagine that if you don't, one day somebody will make you regret it!

As for me, I'm putting you on "Ignore".
hello, I like to see different chart and view finally. everybody has Redbull eyes now. but if I reaf your chart correctly it is a 3rf failure to go up even more, correct?

ps. yes I am a newbie, so sorry if I get it wrong
  • #47
  • Jun 5, 2011 4:22pm Jun 5, 2011 4:22pm
Enigma there isn't a right or wrong way to draw trend lines, except whatever works for you.



Wolf.

Quoting enigma4x
if you donīt know - u shouldnīt trade this week. just my words.

first step into the right direction tah

TIP:
How to draw TL look:

Attachment

Hope it helps like always.

enigma4x
  • #48
  • Jun 5, 2011 6:42pm Jun 5, 2011 6:42pm
Quoting Wolf.
Enigma there isn't a right or wrong way to draw trend lines, except whatever works for you.



Wolf.
thanks man offcause ...

there are more ways to rome

... but these kind of TL - Iīve never seen before. But how knows that. I donīt know all kind of TL drawing. I try to help and give my best.

green pips to you

enigma4x
enjoy my life ... and ride the waves - all what I do
  • #49
  • Edited 7:00pm Jun 12, 2011 6:44pm | Edited 7:00pm
Week Starting 6/12/2011:

Friday sent a definate Bear signal (attached Daily). However, a pullback might be in order after such a drop. I'd not be surprised to see a pullback to the 1.445x area. Such a move might also start the completion of a H&S formation (attached H4).

This is a bearish sentiment overall, but with a bullish bias to start the week.
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  • #50
  • Jun 18, 2011 8:44pm Jun 18, 2011 8:44pm
Week Starting 6/19/2011:

Last week's prediction came true (lucky guess) and there was some upside added to it. There was a big USD strength move Wednesday last week (see the blue and red candles as price dropped), which might be considered the "Writing on the Wall", so to speak. If so, the BBs are now going to keep swinging it up to encourage others to go long, while they go short. The move up, late in the week, might be just the first of many which the BBs work, as the price falls.

I see the week starting off with a bit of ranging (1.4350-1.4250), then a drive up to 1.4400 area (to encourage others to go long), and finally a USD strength move down, possible to a lower level than that of the last swing down.

WARNING: Speculation.
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  • #51
  • Edited Jun 19, 2011 12:06am Jun 18, 2011 11:35pm | Edited Jun 19, 2011 12:06am
Quoting traderathome
Week Starting 6/19/2011:

Last week's prediction came true (lucky guess) and there was some upside added to it. There was a big USD strength move Wednesday last week (see the blue and red candles as price dropped), which might be considered the "Writing on the Wall", so to speak. If so, the BBs are now going to keep swinging it up to encourage others to go long, while they go short. The move up, late in the week, might be just the first of many which the BBs work, as the price falls.

I see the week starting off with a bit of ranging...
It be too easy for bb to drop it from 1.44. one step at a time.

edit: one step at a time.

GL!
  • #52
  • Jun 23, 2011 5:04pm Jun 23, 2011 5:04pm
Quoting PipPipPip
It be too easy for bb to drop it from 1.44. one step at a time.

edit: one step at a time.

GL!
ill say 1.4126 will be the bottom for now. next week 1.45+
  • #53
  • Jun 26, 2011 12:21pm Jun 26, 2011 12:21pm
Week Starting 6/26/2011:

The prediction for last week came only partially true. PA went up ok, and down. But PA did not fall as far as predicted.

I remain bearish, even though PA might move back into the 1.4200s range before more downside.

The monthly chart depicts why I am bearish. Inside the gray ellipse is the representation of the Pump and Dump strategy by the market. If you look closely, there were several candles involved with the pump (green, blue, blue, and green). Then, at the top of the pump came the ultra high volume dump (red), the market closing longs and possibly opening short postions. And this initial sign of the dump is followed by another very high volume candle (blue) as the process continues.
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  • #54
  • Jul 1, 2011 12:50pm Jul 1, 2011 12:50pm
Quoting PipPipPip
ill say 1.4126 will be the bottom for now. next week 1.45+
looks like my weekly target has been hit.

From here, we are seeing some euro weakness at the beginning of the month.

Next week ranging from 1.4230-1.4660
  • #55
  • Jul 4, 2011 6:38pm Jul 4, 2011 6:38pm
Last week EU PA did not comply.

That's ok, it goes where it goes. And for that reason, I've decided this is a waste of time. There is absolutely no point in making predictions. PA will go whereever it goes, up, down, sideways.....all that really matters is that it moves.
  • #56
  • Jul 24, 2011 10:13am Jul 24, 2011 10:13am
Bias: Slightly Bullish
Next stop: 1.452x level
Resistance: 1.425x level

We ended last week at overhead resistance 1.441x.
The whole world has forgotten about Eurozone crisis for a time being and US debt talk is in play now..

See black lines as minor support/resistance, while red lines major support/resistance.

Sonic
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  • #57
  • Edited 11:59am Jul 24, 2011 10:58am | Edited 11:59am
Quoting traderathome
enigma4x, you draw 'em your way. I'll draw 'em mine.
I have to say, TAH, that enigma4x's trendline is correct.

You can continute to draw them "your way," of course.

There are two books by Victor Sperandeo both of which have chapters that deal at length with how correctly to draw trendlines. Hereis a hint: A properly drawn trendline wioll not intersect price action at any point along that trendline. That way, when price does pierce the trendline through subsequent action, you are more likely to be witnessing an actual trend change in action.

-ddaytrader
  • #58
  • Feb 9, 2013 4:21am Feb 9, 2013 4:21am
Bearish Engulf Bar In Eu Weekly.. 50% fib retracement lvl..

1.326x and 1.314x seem nice..


Sonic
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  • #59
  • Feb 10, 2013 6:29am Feb 10, 2013 6:29am
Quoting sonicdeejay
Bearish Engulf Bar In Eu Weekly.. 50% fib retracement lvl..

1.326x and 1.314x seem nice..


Sonic
I think after a strong gain in inverted head and shoulder market getting reversed. Hopefully it might be a retracement.
  • #60
  • Feb 13, 2013 12:53pm Feb 13, 2013 12:53pm
USD/JPY WEEKLY CHART

THERE IS A BIG RESISTANCE AT 94.80
WE CAN SEE A RETRACEMENT TO THE 88.50

http://i49.tinypic.com/22ddmg.gif





GBP/USD WEEKLY CHART

WE CAN SEE A BIG RISING TO THE 1.64 AGAIN.

http://i46.tinypic.com/rw42zk.gif


FIRST TARGET: 1.5880 ( TWO WEEKS LATER)
SECOND TARGET: 1.6170 (FIVE WEEKS LATER)
THIRD TARGET: 1.6350 (SIX WEEKS LATER)

GL
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